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Monday, May 29, 2017

Bluebee and Medisapiens Announce Strategic Partnership

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http://ift.tt/2s6DfhgRIJSWIJK, The Netherlands and HELSINKI, May 29, 2017 /PRNewswire/ —
Today, Bluebee, a leading provider of high-performance genomics analysis and storage solutions and MediSapiens, a leading biomedical big data curation, management and interpretation company, announce a strategic…

May 29, 2017 at 05:55PM

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UK trade union blames Indian IT companies for British Airways outage

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UK trade union blames Indian IT companies for British Airways outage The GMB employee union directly accused the BA#39;s decision to outsource Information Technology (IT) jobs from India in 2016.

May 29, 2017 at 05:48PM

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Computer meltdown may cost BA over $100M

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British Airways IT meltdown could cost the airline $100 million.

May 29, 2017 at 05:47PM

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Italy’s Ftse Mib Hits Day’s Low, down more Than 1.8 Pct

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ITALY’S FTSE MIB HITS DAY’S LOW, DOWN MORE THAN 1.8 PCT
The material has been provided by InstaForex Company – www.instaforex.com

May 29, 2017 at 05:33PM

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Latest Commitment of Traders Positions (fx) As at may 23rd 2017

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CFTC commitment of traders report was released on Friday (26th May) and cover positions up to Tuesday (23rd May). COT report is not a complete presenter of entire market positions since the future market is relatively smaller compared to Spot FX market. Nevertheless, it presents crucial picture on how key participants are looking at future moves.

Key highlights:

Market participants are net short in all currencies against the dollar except the euro, Mexican peso, and the Australian dollar.

Shorts decreased:

  • The British pound saw another big decrease in the net-short positions, where net-shorts decreased by 9,128 contracts to -23.9K contracts. Shorts decreased for a ninth consecutive week.
  • The Japanese yen registered a big decrease in the short positions. The short positions declined by 8,352 contracts to -51.7K contracts.
  • The short positions in the New Zealand dollar declined by 2,737 contracts to -9.2K contracts.
  • Short positions in Swiss franc got declined by 1,377 contracts to -19.8K contracts.

Shorts increased:

  • The Canadian dollar is the only counter where shorts got increased by 1,109 contracts which pushed the net position to -99.1K contracts. Shorts increased for a 12th consecutive week.

Long positions covered:

  • The long position in the Mexican peso declined by 15,756 contracts to 54.3 K contracts.
  • The long positions in Australian dollar got decreased for an eighth consecutive week, and by 3,790 contracts that pushed the net position to +2.6K contracts.

Long positions increased:

  • The long positions in the euro increased by 27,241 contracts last week that pushed the net position to +64.8K contracts.

The material has been provided by InstaForex Company – www.instaforex.com

May 29, 2017 at 05:33PM

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Warren Buffett takes 3 percent stake in Germany’s Lanxess

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Warren Buffett takes 3 percent stake in Germany's LanxessLanxess (LXSG.DE) disclosed on Monday that Berkshire Hathaway (BRKa.N), the conglomerate run by billionaire Warren Buffett, had acquired a 3 percent stake in the German chemicals maker. Lanxess shares jumped 2.9 percent to 65.06 euros by 0936 GMT after the news, even though the stock was trading without the rights to a 0.70 euro-per-share dividend for the first time. In a regulatory filing, Lanxess said that Berkshire Hathaway’s General Reinsurance subsidiary took a stake that reached just over 3 percent on May 19.

May 29, 2017 at 05:47PM

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Egypt’s finance minister cites bond sales as sign of confidence – Financial Times

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Financial Times
Egypt’s finance minister cites bond sales as sign of confidence
Financial Times
Egypt’s finance minister said investors were buying in to the crisis-hit country’s economic reform programme after its latest bond issue was nearly four times oversubscribed. Demand for Egyptian debt has increased since Cairo agreed to a series of

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May 29, 2017 at 05:46PM

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BRIEF-Shriram Transport Finance Co approves allottment of NCDs worth 50 mln rupees – Reuters

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BRIEF-Shriram Transport Finance Co approves allottment of NCDs worth 50 mln rupees
Reuters
Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news …

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May 29, 2017 at 05:46PM

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A computer failure at British Airways causes chaos

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BRITISH AIRWAYS usually relishes the spring bank-holiday weekend, as families take advantage of the extended break to jet off somewhere pleasant. This year’s won’t end soon enough for the airline. A catastrophic computer failure on May 27th grounded over a thousand flights and caused chaos for flyers.  

The incident, which was reportedly related to a power failure rather than a cyber attack, will raise questions about the company’s IT system. But for those caught up in the turmoil, it will simply confirm how the service standards of this national airline have deteriorated. Indeed in some respects it showed a chilling disregard for customers.

Your correspondent’s own experience at Heathrow was far from the worst. Many passengers were stuck overnight thanks to missed connections. We arrived at Terminal 5 at 8.30am on Sunday for a 10.55am flight to Berlin. By then police were only letting some passengers in to avoid overcrowding. Inside there was a huge queue that snaked across the terminal. This turned out not to be for check-in but for Saturday passengers who wanted to rebook. But we had to find that out for ourselves; no one from BA or Heathrow was directing the flow.

We made it through security without incident and our flight was supposedly only 45 minutes late. So we went to a restaurant for breakfast. We ended up staying at our table for more than eight hours.

Every time our flight departure came close, it was further delayed. This happened nine times. The people at the BA information desk knew nothing; nor did the staff at Heathrow. Their only response was to hand out food vouchers and a leaflet on our rights. Crucially this did not mention the compensation due when a flight is delayed more than three hours. The airline might be saddled with a £100m ($129m) compensation bill once the dust settles.

To add to the frustration, later flights to Berlin were scheduled to take off before our own. Eventually our flight made it to the top of the departure board—the worst delayed of the day. At 5.45pm we were sent to a gate for a 6.35pm flight. Pilots even arrived.

But further hold-ups followed. The gate clerk announced we were waiting for one crew member. An hour later, another flight to Berlin was promoted ahead of us. “Shame on BA!” shouted one passenger and others rounded on the gate clerks; why couldn’t a crew member be switched to our flight as we had waited so long?

It wasn’t until 8pm that a full crew arrived along with the police who pulled aside a man in the queue to whom we had been chatting. He, it turned out, was the man who shouted “shame”—BA staff had reported this as threatening behaviour. It was an Orwellian moment. He told me later his name had been noted down so it would be on BA records the next time he flew.

On the flight, all food (including water) had to be paid for. In this respect, BA has become a budget airline like Ryanair or easyJet. We also had to pay to reserve seats (so the family could sit together) and to check luggage.

By the time we landed, it was past 11 at night so the flight was diverted from Tegel airport which has a night-flight ban. We ended up queueing past midnight for an expensive taxi ride into the city. No one from BA was there to help and guide us.

The whole experience was alarming. The BA staff clearly were as poorly informed as the passengers; no one in management had taken control. No one was prioritising those passengers who had waited longest. No one was checking that planes were on their way before changing flight times. BA has a dominant position, in terms of takeoff slots, at Heathrow, Europe’s busiest hub. On the basis of this weekend’s performance, it does not deserve it. 

May 29, 2017 at 05:42PM

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How to Escape Your Cubicle and Become an Entrepreneur

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If you’re tired of the corporate world, then there’s only one way to fix it.

May 29, 2017 at 05:43PM

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from Greg Rollett

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Vietnam Money Supply M1

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Money Supply M1 in Vietnam decreased to 1456114 VND Billion in 2015 from 4613262 VND Billion in 2014. Money Supply M1 in Vietnam averaged 570109.31 VND Billion from 1986 until 2015, reaching an all time high of 4613262 VND Billion in 2014 and a record low of 109 VND Billion in 1986. This page provides – Vietnam Money Supply M1 – actual values, historical data, forecast, chart, statistics, economic calendar and news.

May 29, 2017 at 05:30PM

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from Asian Development Bank

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Brazil’s 2018 Gdp Growth Forecast 2.48 Pct Vs 2.50 Pct Previous Week – Weekly Central Bank Survey

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BRAZIL’S 2018 GDP GROWTH FORECAST 2.48 PCT VS 2.50 PCT PREVIOUS WEEK – WEEKLY CENTRAL BANK SURVEY
The material has been provided by InstaForex Company – www.instaforex.com

May 29, 2017 at 05:15PM

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How To Save Social Security With One Move

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There are millions of reasons why Social Security should be expanded. Here’s how that would work.

May 29, 2017 at 05:29PM

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from John Wasik, Contributor

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A Tekni-Plex adquire BrunaSeals

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Tekni-Plex LogoWAYNE, Pensilvânia, 29 de maio de 2017 /PRNewswire/ — A Tekni-Plex, Inc adquiriu os ativos da BrunaSeals, Doral, Flórida, Estados Unidos; um dos principais manufaturadores de selos de indução e discos de vedação por espuma plástica para bebidas, cosméticos, produtos farmacêuticos, de uso…

May 29, 2017 at 05:24PM

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Tekni-Plex adquiere BrunaSeals

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Tekni-Plex LogoWAYNE, Pennsylvania, 29 de mayo de 2017 /PRNewswire/ — Tekni-Plex, Inc. ha adquirido los activos de BrunaSeals, Doral, Florida, productor líder de sellos de inducción y espumados para bebidas, cosméticos, productos farmacéuticos y productos químicos de uso doméstico e industrial. En el…

May 29, 2017 at 05:24PM

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Hold Torrent Pharmaceuticals; target of Rs 1200: ICICI Direct

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Hold Torrent Pharmaceuticals; target of Rs 1200: ICICI Direct ICICI Direct recommended hold rating on Torrent Pharmaceuticals with a target price of Rs 1200 in its research report dated May 29, 2017.

May 29, 2017 at 05:27PM

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How to deal with a rising market and position your portfolio

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Jitendra P.S.Solanki Equity markets need much more attention than just clicking the button to complete the transaction.

May 29, 2017 at 05:27PM

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Buy ITC; target of Rs 345: ICICI Direct

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Buy ITC; target of Rs 345: ICICI Direct ICICI Direct is bullish on ITC has recommended buy rating on the stock with a target price of Rs 345 in its research report dated May 29, 2017.

May 29, 2017 at 05:27PM

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Mergers, Acquisitions, and Buyouts Announced on May 26, 2017

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Nippon Electric Glass Co. has agreed to acquire PPG Industries’ remaining fiberglass operations for $545,000,000. The transaction is expected to close by December 31, 2017. More information is available here.

500.com (WBAI) has agreed to acquire The Multi Group for $56,000,000. The transaction is expected to close by June 30, 2017. More information is available here.

Peapack-Gladstone Financial (PGC) has agreed to acquire Murphy Capital Management for an undisclosed amount. The transaction is expected to close by September 30, 2017. More information is available here.

Asure Software (ASUR) acquired iSystems for an undisclosed amount. The transaction was completed today. More information is available here.

Asure Software (ASUR) acquired Compass HRM for an undisclosed amount. The transaction was completed today. More information is available here.

Kohlberg & Company has agreed to acquire Newell Brands’ Winter Sports Business for $240,000,000. The transaction is expected to close by July 31, 2017. More information is available here.

Vector Capital has agreed to acquire Sandvine (SVC.TO) for $483,000,000. The transaction is expected to close by September 30, 2017. More information is available here.

May 29, 2017 at 05:21PM

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from MergerJournal.com

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